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Property profile & analytics
OFF-MARKET
Commercial real estate

302 128Th St New York, NY 10027

Entity Owned
Property ID
US63-1307937
Property summary
AI-generated overview

This exceptional 1,913 square foot lot, located at 302 West 128th Street in New York City's vibrant Central Harlem neighborhood, presents a compelling development opportunity. Zoned R8A/C2-4 with a FAR of 6.02, this property allows for the construction of a roughly 9,747 square foot, seven-story condominium building. The site's dimensions are approximately 25.5 feet by 75 feet. Its prime location offers significant advantages, including proximity to Columbia University (less than half a mile away) and convenient access to public transportation via the A, C, B, and D subway lines at the 125th Street/St. Nicholas Avenue station (just three blocks away). Adding to its appeal, the property is situated a half block from St. Nicholas Park. The location within a Qualified Opportunity Zone provides developers and investors with potential tax benefits and gain deferral options. Comparable condominium sellouts in the area have achieved values of $1,100 per square foot, suggesting strong potential for this development project. The asking price for this remarkable opportunity is $1,600,000. The property's APN is 1-01954-0136.

Property profile
Verified
Property type Commercial real estate
APN 1-01954-0136
UPID US63-1307937
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
5843 Realty LLC
5843 Realty LLC
since 2026
3 recorded transactions
2026
$900,000
2019
$1.8M
2017
$220,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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